TOP NEWS

Disney Movies Anywhere Links With Verizon Fios

Burbank-based Walt Disney Studios says it has linked its Disney Movies Anywhere service with Fios by Verizon, allowing Fios users to purchase and access Disney, Pixar, Marvel and Star Wars movies via the service. Financial details of the new distribution relationship were not announced. The two said Fios by Verizon customers can now connect to Disney's digital movie collections, and also can purchase those titles directly via Fios....Continue →


Armorway Becomes Avata Intelligence

Los Angeles-based artificial intelligence software developer Armorway says it has renamed itself Avata Intelligence, in a move to broaden its market beyond the physical security domain. According to Avata Intelligence, the company is now applying its software to the areas of public safety & infrastructure, defense, healthcare, global awareness and social impact. Avata is led by Zareh Baghdasarian, and is a spinout of the University of Southern California....Continue →


Media.net Acquired For $900M

Media.net, an ad-tech company which has offices in Los Angeles, said over the weekend that it has been acquired for $900M by a Chinese consortium led by Starbuster TMT Investments and Beijing Miteno Communication Technology Co. Ltd.. Media.net is headquartered in Dubai, with U.S. headquarters in New York. The company said it has more than 800 employees split across New York, Los Angeles, Dubai, Zurich, Mumbai and Bangalore....Continue →


Trade Desk Files For IPO

Ventura-based Trade Desk has filed for an IPO, saying that it is looking to raised up to $86.25M on an IPO on the NASDAQ Global Market. The company says it has filed to trade as TTD. The advertising technology company is led by Jeff Green. The IPO is being underwritten by Citigroup, Jefferies, RBC Capital Markets, Needham & Company, and Raymond James. The Trade Desk is venture backed by IA Ventures, Founder Collective, Wellington Management, and Highwind, among others....Continue →


Veritone Finds $50M For AI Software

Newport Beach-based Veritone, which is developing artificial intelligence software used for sentiment analysis for media firms, political campaigns, corporations, and the government, said it has closed on a $50M funding agreement. The funding comes from Acacia Research. According to Veritone, the $50M in working capital includes an initial $20M convertible investment, and contingent investment of $30M based on milestones....Continue →


Skybell Wins Smart Doorbell Deal With Reliant Energy

Irvine-based electronics developer Skybell, which develops a Wi-Fi connected, smart doorbell, has scored a big win with Reliant Energy, a provider of energy and home security services in Texas. Reliant said it will start offering up a smart, Wi-Fi Doorbell Camera to its customers, which lets users unlock and lock doors, record live video, two way audio, and more. Reliant's Wi-Fi doorbell is based on Skybell's current products. Financial impact of the win was not disclosed....Continue →


Singlera Genomics Raises $20M

La Jolla-based Singlera Genomics, a developer of non-invasive genetic testing technology, has raised $20M in a Series A funding, according to the company. The funding was led by Lilly Asia Ventures, and also included Green Pine Capital Partners, CDBI Partners, and others....Continue →


RealtyMogul Names Two Executives

Los Angeles-based online real estate investing marketplace RealtyMogul.com says it has named two executive, naming Sameer Shamsuddin as Chief Technology Officer and Niall Weintraub as Vice President of Marketing. Shamsuddin was previously at GSI Commerce/eBay Enterprise, most recently as International CTO, and had spent 17 years at the company. Weintraub was most recently at DogVacay, where he was Head of Acquisition Marketing; he also has served at Match.com....Continue →


Cubic Sets Chief Diversity Officer

San Diego-based Cubic Corporation says it has named Darryl Albertson as its new Chief Diversity Officer. Albertson has been at the company since September of 2013, serving as Vice President of Corporate Human Resources. According to Cubic, in his new role, Albertson will be supporting and promoting diversity and inclusion initiatives among its customers, suppliers and employees. Albertson has previously served at CareFusion, Cardinal Health, and Pfizer....Continue →


CrowdStrike Sets VP

Irvine-based endpoint protection and security developer CrowdStrike said today that it has named Brian Brouillette as its Vice President of Customer Success. Brouillette was previously at Westell, and also served at Hewlett Packard (HP), Juniper, Ixia and NetOptics. CrowdStrike, which is led by security veteran George Kurtz, offers up an endpoint protection platform aimed at stopping breaches and responding to cyberattacks.Continue →


Cylance Names International President

Irvine-based cybersecurity technology developer Cylance said this morning that it has named Felix Marquardt as its new President of Cylance International, to head up its global expansion. Marquardt was previously serving as a strategic advisor to the heads of a number of national governments and Fortune 500 companies, according to Cylance, and was director of communications of the International Herald Tribune (now the International New York Times)....Continue →


Cast & Crew Completes Caps Payroll Buy

Burbank-based Cast & Crew Entertainment Services, the provider of technology and payroll, and production management services for the entertainment industry, said on Monday that it has completed its acquisition of Culver City-based CAPS Payroll. Financial details of the acquisition--which had originally been announced in June--have not been announced. The acquisition was funded by Cast & Crew's controlling shareholder, technology investing and private equity firm Silver Lake....Continue →



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